Project Details

Project Overview

  • Hotel/Training Center
  • Location

  • Indianola, MS
  • Project Type

  • Operating Business - Rural
  • Job Creation

  • 25 new full time jobs
  • 100 constrution jobs
  • Chawla Hospitality Center


    The Story

    The Chawla family, owners of one of the most successful hospitality companies in Mississippi, has joined forces with Mississippi Delta Community College (MDCC) to create a new job-training institute that will be designed to attract hospitality trainees from across the region.

    A new, 63-room ($6.5M) Hampton Inn in rural Indianola, MS has recently opened directly across from the MDCC Capps Technology Center, where the new hospitality-training program will be housed. Specific fields of study and certification will be in the areas of management, technical maintenance, housekeeping inspectors, and guest service agents.  Due to the town’s strategic location, growing tourism base as the home of the BB King Museum, and the opportunity to create a training facility, the Chawla family has committed to invest in this highly distressed, rural area in a way that will build the community and increase job opportunities for a region that has traditionally struggled with workforce readiness.

     

    The Financing

    • Total Project Cost: $6.7 million
    • MuniStrategies Allocation: $6.5 million
    • Total State (MS) NMTC allocation: $6.5 million

    The Impacts

    • Economic: This has the potential to be a truly transformative project for a small MS Delta town of less than 12,000 residents in a Persistent Poverty County that struggles with high unemployment (1.38x the national average) and poverty (31% of population lives in poverty).
    • Jobs: During the construction phase, the Project created 100 construction jobs. The hotel will now employs 25 full time employees with medical, life insurance and job training benefits. On top of this, the sponsors (100% minority) have committed that at least 25% of jobs will be hired from minorities, as well as 25% of goods/services will sourced be from minority owned businesses.
    • Community: This project is located in the Delta Regional Authority (DRA) service area and featured support from Indianola Mayor Steve Rosenthal, MS Delta Community College President Dr. Larry Nabors and US Congressman Bennie Thompson. It will also provide tremendous support to the local BB King Museum.
    • Workforce Development: Students/trainees that successfully complete training through the MDCC/Capps Center program will be given the opportunity for permanent jobs throughout the Chawla Hospitality properties throughout the Mississippi Delta.

     

    In the News

    Hilton announces grand opening of Hampton Inn Indianola

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